Good afternoon. Thank you for inviting us to present to the committee.
I am Mathieu Péloquin, Senior Vice-president, Marketing and Communication. With me today is Eric Albert, Executive Vice-president.
Stingray Digital is the leading multi-platform music service provider in the world, with more than 100 million subscribers in 113 countries. Geared toward individuals and businesses alike, the company's commercial entities include leading digital music and video services, Galaxie, Music Choice International, Concert TV, and The KARAOKE Channel. The company also offers music solutions to more than 70,000 businesses via its Stingray360 division and music licensing service through Stingray Music.
Stingray Digital is headquartered in Montreal and has over 200 employees and offices across Canada, as well Los Angeles, Miami, London, and Tel Aviv.
In Canada, up to 60% of Canadians with access to pay television will listen to a Galaxie channel in a given month, as reported by our quarterly listenership tracking survey from Vision Critical.
Stingray is firmly rooted in Canadian culture, and with its extensive international presence our services provide an unparalleled window for the promotion of Canadian artists abroad. We greatly appreciate the opportunity to share with you our thoughts and ideas, with the objective of further strengthening the Canadian music industry.
To address the committee's question on the impact of government support on the Canadian music industry, we'll focus our comments primarily on three specific areas of the music creative and distribution flow. They are creation and production, distribution, and global scope.
I will now turn the floor over to my colleague, Eric Albert.